How it works

Jenna HagleDo you qualify for a bad credit loan?

Applying for a loan with Bad Credit Cash Loans is very simple. All you need to do is complete the following steps and you could have money in your account within the same day.

The first step is to check if you meet our basic criteria to be eligible for a loan:

  • Be 18 years or older
  • Be a New Zealand resident or citizen
  • Have your own NZ bank account
  • Have been employed with the same employer for at least 3 months
  • Be earning a salary of at least $350 per week (after tax) excluding government benefits
  • Not be Bankrupt, under a Summary Instalment Order or No Asset Procedure

What is the next step?

The next step is to complete and submit our online application form. You will then be presented with a loan agreement online that you will be able to read through. If you are happy with it, you can accept it and send through your supporting documentation for us to begin processing.

That’s all there is to it!

If your loan application is successful, we can pay the money to you overnight or in as soon as 30 minutes* after the final approval (conditions and a small fee apply – please refer to the loan application form for timing of funds to you and any fees involved).

Paying your bad credit cash loan back

Paying the loan back is just as easy, make sure the funds are in your account on the agreed upon date/s and they will be lifted out without you needing to do anything. Once the loan repayments are finished, you can go back to your life having dealt with your cash emergency!